Amid reports of crackdown on Paytm Payments Bank, Paytm issued a statement denying the reports of investigation or violation of Foreign Exchange rules by the company. We would like to reiterate that the Company and its associate Paytm Payments Bank Limited are not the subject matter of any such investigation. Such media reports are entirely misleading, baseless and malicious, which harm the interests of all our stakeholders, the statement read. Paytm to Stop Working After February 29? Vijay Shekhar Sharma Allays Concerns.

Paytm Denies Reports of Investigation, Violation of Foreign Exchange Rules by Company

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